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Satyam Rocks India Outsourcing Industry

Wednesday, January 28th, 2009

On Jan. 7, Ramalingam Raju, the chairman of Indian IT outsourcing company Satyam Computer Services, acknowledged he had inflated the amount of cash on the balance sheet of India's fourth-largest IT company with 53,000 employees, and overstated Satyam's September 2008 quarterly revenues by 76% and profits by 97%. The news shocked ...

Posted in Outsourcing News | 1 Comment »

Is China in Your New Years’ Resolutions?

Tuesday, January 27th, 2009

2008 marked the 30th year of China’s astounding annual 10% growth and also witnessed a defining moment for the country at the opening ceremonies of the Beijing Olympics. Unfortunately, these positives are overshadowed right now by the current global financial crisis, as people buckle in and prepare themselves for the ...

Posted in China Story | No Comments »